In 2022, more organizations will translate their sustainability goals into tracking and reporting Environment, Social and Governance (ESG)-related data throughout their supply chains. As demand for ESG transparency rises, these will be key drivers in the creation and implementation of industry-speci c supply chain sustainability SUSTAINABILITY ISNOBLUFF targets by businesses. This begins with introducing a risk-based approach to qualifying and holding suppliers accountable to their ESG impact, including more enhanced screening of suppliers through sustainability agreements in Request for Proposals (RFPs) as part of the procurement process. Sustainability should also be assessed both upstream and downstream of the supply chain, from the extraction and processing of materials with minimal environmental impact to ensuring end products can be properly recycled. As the world continues to digitize, technology will be leveraged further to ensure that sustainability policies are effective and progress is being made toward corporate initiatives.
Social initiatives like improving sustainability and supporting local businesses have become nearly as important to buyers as efficiency. B2B buyers are also ordinary consumers, and consumers are increasingly prioritizing meaningful purchases that support their core mission. In 2022, expect buyers to make more socially conscious purchases, valuing sustainability and smaller businesses over cost savings and efficiency. Petra Schindler-Carter Director &
Joe Schloesser, Senior Director, ISN
We see companies put more emphasis on building sustainable global supply chain networks by investing in technology that will help reduce their carbon footprint in every step of the process, from manufacturing to distribution and transportation.
General Manager Amazon Business
Sean Elliott, Chief Technology Of cer / Chief Digital Of cer, Körber Supply Chain
Today’s cargo security solutions may be prompt at detection, but at best reactive. They deliver noti cations when security is breached through sensor and non-sensor events. The incident is managed, but seldom avoidable. Future cargo security solutions will extend today’s technology to not SAFETYCHECKONDECK
Supply chain threats wi l l remain one of the most serious issues global businesses wi l l face in 2022 . Widespread product shortages and scarcely qual i f ied operators are only the tip of the iceberg. With manufacturers and freight companies already spending much effort to address these issues, organizations along the supply chain increasingly fal l vulnerable to a convergence of additional threats—more frequent and damaging natural disasters and more opportunistic criminal cartels. Unless supply chain leaders hol istical ly and quickly address these threats, consumers are l ikely to see current chal lenges continue and worsen over time.
just detect a breach, but also predict breaches in advance using sensor and non-sensor intelligence. They will further forecast impacts of predicted events across the entire network. For example, using sensor-data modeling, vulnerable points on a speci c lane for a speci c product and a speci c shipment mode can be identi ed in advance.
Sanjay Sharma, CEO, Roambee
Supply chain risk has become a vital national security challenge. Cybersecurity risk is becoming a larger component of the overall supply chain risk landscape as expanding the digital footprint of the supply chain increases the attack surface of critical infrastructures. We need a transformatively different approach. The answer is not to do the same things better; it’s to tackle cyber supply chain security in a fundamentally different way. We must have better knowledge of vendors, improve risk prioritization, conduct multifaceted, ongoing monitoring assessments, drive remediations quickly, and take a programmatic approach. Following these steps can signi cantly improve cyber supply chain security measures.
Harold Pradal Chief Commercial Officer, BSI
Missy Gillette, Senior Associate, Leader, Cyber Risk and Assessment Booz Allen
150 Inbound Logistics • January 2022
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